- Recruit, train, and manage a team of Sales Managers within the region (as per the business & Management requirements in the case of business expansion later on ) ; provide necessary guidance and training to achieve business objectives.
- Develop and execute effective sales/business development strategies to meet targets and expand the customer base within branches of the assigned region.
- Setting sales targets for the team and monitoring their progress, taking corrective actions when necessary to ensure objectives are met.
- Evaluate the effectiveness of sales strategies and make necessary adjustments.
- Drive customer satisfaction and retention initiatives within the region.
- Conducting market research and competitor analysis to identify opportunities for growth, staying updated on industry trends, and reporting findings to higher management.
- Collaborate with marketing teams to design and execute promotional campaigns.
- Stay updated on industry trends, products, and developments in the insurance sector.
- Represent the company at industry events, conferences, and networking opportunities to enhance brand visibility.
- Ensure compliance with regulatory requirements and company policies in all sales activities.
- Generating reports on sales activities, revenue, expenses, and other relevant metrics for review by management.
- Regularly evaluating the teams performance, providing feedback, and implementing strategies for improvement.
- Manage budgets, expenses, and revenue forecasts for the Region.
- Drive initiatives to increase lead generation and/or conversion from the retail business team.
- Train, mentor, and coach the branch business employees on various products, processes, and procedures for increasing sales performance.
- Resolving customer complaints and issues promptly, maintaining a high level of customer satisfaction.
- Coordinating with other departments such as marketing and claims to enhance overall business operations.
Overview
Muthoot FinCorp Limited (MFL) is the flagship Company of the Muthoot Pappachan Group . MFL is Financial Services SuperHouse or you call it PowerHouse!
A market leader in the gold loans business Muthoot FinCorp has over 3,600 branches spread across the cities, towns and villages of India, the Company serves more than 75,000 customers a day.
Muthoot FinCorp’s long-standing experience,expertise and stronghold in the semi urban and rural areas has enabled the Company to provide quick, customized finance options and investment products, maximizing returns to the population. The loan products of Muthoot FinCorp are uniquely structured to serve people who do not have easy access to mainstream commercial banks.
MFL counts the satisfaction and long-service of its people as a cornerstone of its success. Fostering teamwork, nurturing creativity and rewarding commitment are systematically and professionally managed. Excellence and innovation are encouraged and rewarded. Ensuring Muthoot FinCorps people remain at the competitive edge, best practice in the area and unique motivational programs are regularly carried out.